ZIP 85035
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12-month history
Last updated: October 17, 2026
What the numbers show
February. Asking rents in ZIP 85035 usually run 1.5% below trend in February and 1.7% above it in July, about $42 a month apart at today's median. Based on 8 years of data.
Rent in ZIP 85035 is 10.1% below its high of $1,471 in June 2022, at $1,322 as of September 2026.
Rent in ZIP 85035 changed +3.3% over the year to September 2026. Across the 171 Arizona ZIP codes Zillow tracks, the typical change was +1.6%.
From 2019 to 2024, rent in ZIP 85035 rose 50.4% while median household income rose 32.8% ($45,528 to $60,440). Rent outpaced income.
Rent in ZIP 85035 is 34.9% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has risen 6 months in a row, and rose in 9 of the last 12 months.
30% of the median household income ($60,440) is $1,511 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,370); a 2-bedroom is $1,590.
11th cheapest of 43 ZIP codes in Phoenix.
ZIP 85031, 2 miles away, rents for 16% less ($1,107/mo), about $2,600 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 85035. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
Who lives here
ZIP 85035 (Phoenix, AZ) is roughly split between renters and owners, has a large share of families with children, has a median income below the national average, 8.6% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 85035 in Phoenix, AZ has changed in 5 years
Across the past five years, the going rent in ZIP 85035 in Phoenix, AZ has shifted from $1,143 to $1,322, up 15.7% since 2021. Household income in the area moved from $48,632 to $60,440 across the same window, up 24.3% versus 2021. With wages climbing faster than rent over the same window, renters here have a bit more breathing room than they did five years back. Census counts show ZIP 85035 in Phoenix, AZ losing about 1,100 residents over the five-year window, down 2.0% on net. Reading these numbers side by side helps frame whether current listings in ZIP 85035 in Phoenix, AZ look reasonable against where the market sat half a decade ago.
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Tips for renters in ZIP 85035
Last updated: October 17, 2026
ZIP code 85035 covers Phoenix, AZ. The median rent here is $1,322/mo as of October 2026. A 1-bedroom rents for a median of $1,370/mo. A 2-bedroom rents for a median of $1,590/mo.
At 26% of local median household income ($60,440/yr), ZIP 85035 ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.3% over the past year.
Frequently asked questions
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How does ZIP 85035 compare to other ZIPs in Arizona?
How does ZIP 85035 compare to the rest of Phoenix?
At $1,322/mo, rent takes ~26% of ZIP 85035's median household income ($60,440/yr). The standard benchmark is 30%.
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